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Queensland Small Business 
COVID-19 Adaption Grant

Small Business in Queensland

Queensland small businesses are vital to Queensland’s economy which in turn fosters more sustainable communities. 

However, the COVID-19 pandemic is having significant impacts on the ongoing viability of Queensland small businesses, including income, activity and supply chains.

In response, the Queensland Government has announced the Small Business Adaption Grant Program that aims to support small businesses to:

  • adapt the business
  • sustain the business’ operations
  • and develop the business to build operational resilience
The avaliable grant amount is from a minimum of $2000 up to maximum of $10,000 per eligible small business.

Eligibility Criteria

  • have been subject to closure or highly impacted by the shutdown restrictions since 23 March 2020;
  • demonstrate that business revenue has experienced a significant decline since 23 March 2020 over a minimum one-month period;
  • employ staff and have fewer than 20 employees at the time of applying for the grant;
  • have a valid Australian Business Number (ABN) active as at 23 March 2020;
  • be registered for GST;
  • Queensland headquarters;
  • have an annual turnover over $75,000 for the 2018-19 or 2019-20 financial year or provide financial records that indicate that this will be met for recently started small businesses;
  • payroll of less than $1.3 million;
  • not be insolvent or have owners/directors that are an undischarged bankrupt.
“Small businesses represent around 97% of all businesses and employ over 970,000 people, or 45% of the private sector workforce in Queensland.”

What can the grant be used for

Grant funds can be used towards the following activities (provided by a business unrelated to the applicant):

  • financial, legal or other professional advice;
  • continuing to meet business operational costs including: utilities, council rates, rent, telecommunication charges, insurance fees, licensing fees or franchise fees.
  • strategic planning, financial counselling or business coaching;
  • building the business through marketing and communications activities, such as content development (web pages, mobile apps, visual and audio media etc.);
  • digital/technological strategy development;
  • digital training and up-skilling employees to adapt to new business models;
  • capital costs associated with meeting COVID-19 safety requirements;
  • specialised digital equipment or business specific software to move business operations online .
Timeframes

Applications will be open from 1 July 2020 and the program will close when funds have been estimated to be exhausted.

Click here for more government information
We are here to help you choose the most suitable application plan for your company to achieve rapid transformation and support business sustainability and diversification to gain more domestic and international markets.
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